Subject: Comments for File Number S7-12-11

May 24, 2011

Iím writing this letter because my family and many of my friends were affected by the economic collapse of 2008, and we want to ensure it doesn't happen again.

One way to change the incentives so Wall Street doesnít collapse our economy again would be for regulators to set up a way for shareholders to grab back ill-gotten gains. Bonuses should be held for a number of years in an "escrow" type account.

If it turns out that the profits in a given year were built on shoddy practices that become clear in the out-years, those bonus payments should be forfeited.

Thank you for considering my comment,

David King